The Elaine

2322 N. Elaine Blvd, Tucson, AZ, Pima County, 85716

Highlights

Value-add opportunity

Operational Upside

Recent capital improvements

On-site laundry facility & bbq area

Well located two miles from TMC

Well maintained grounds

Ample parking for tenants

Some renovated units

Below market rents

Individually metered for electric and gas

Air-conditioned units

Modern finishes throughout unit

RUBs for Water/Sewer/Trash usage

Ceiling fans

Information

Sale Price:

$1,600,000

Cap Rate:

6.35%

NOI:

$101,657

Building Size:

7,616 SF

Lot Size:

0.460 Acres

Zoning:

C-2

Availability

Property Sale

Sale Price:

$1,600,000

Price/SF

$210.08

Listors

Allan Mendelsberg

520-546-2721

C. Joey Martinez

520-546-2730